National Interstate Corporation
NATL
NATL was delisted on the 10th of November, 2016.
66 hedge funds and large institutions have $508M invested in National Interstate Corporation in 2016 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 25 increasing their positions, 16 reducing their positions, and 12 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 16
9% more capital invested
Capital invested by funds: $468M → $508M (+$40.4M)
0% more funds holding
Funds holding: 66 → 66 (0)
0% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 12
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIG
Fortress Investment Group
New York
|
+$7.44M |
| 2 |
HCM
Highbridge Capital Management
New York
|
+$2.84M |
| 3 |
GF
Gabelli Funds
Rye,
New York
|
+$2.42M |
| 4 |
GCIA
Gabelli & Co Investment Advisers
Rye,
New York
|
+$1.83M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$1.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
-$23.5M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$4.11M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$2.68M |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$1.98M |
| 5 |
CC
Carlson Capital
Dallas,
Texas
|
-$1.4M |
NATL Hedge Fund Activity: Q1 2016 in Review
66 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in National Interstate Corporation (NATL) for Q1 2016, worth a combined $508M — up 8.6% from $468M a quarter earlier.
Fund positioning in NATL was balanced in Q1 2016: 12 funds opened new positions, 12 closed out, 25 added to existing stakes and 16 trimmed.
The largest buyer was Fortress Investment Group, opening a new position worth an estimated $7.44M. The largest seller was Rutabaga Capital Management, exiting entirely with an estimated $23.5M sold.
- 66 institutional investors held National Interstate Corporation (NATL) as of Q1 2016, unchanged from Q4 2015.
- Funds reported $508M of National Interstate Corporation stock for Q1 2016, up 8.6% quarter-over-quarter.
- 12 funds opened new National Interstate Corporation positions in Q1 2016 and 12 closed out, a net change of 0 holders.
- The largest National Interstate Corporation buyer in Q1 2016 was Fortress Investment Group, an estimated $7.44M added.
- The largest National Interstate Corporation seller in Q1 2016 was Rutabaga Capital Management, an estimated $23.5M sold.
Based on aggregated 13F filings for Q1 2016.